Conversion Services International Inc. provides consulting, data warehousing, business intelligence and information technology services to Global 2000 organizations and other businesses. The company today announced its financial results for the third quarter ended September 30, 2009.

Conversion Services posted net income at $1.3 million, $1.2 million of which is attributable to common shareholders. This is compared to a net loss of $4.2 million and a loss of $4.4 million attributable to shareholders for the third quarter of 2008.

Revenues for the third quarter of 2009 were $8.1 million, up $3.1 million, or 61.7 percent, from $5.0 million reported in the same period last year. Gross profit of $2.9 million for the quarter increased by $1.6 million as compared to gross profit of $1.3 million for the third quarter of 2008.

Lori Cohen, president and CEO of Conversion Services, said the company’s efforts to improve its balance sheet paid off and that it

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Monday September 21, 2009

DrStockPick.com Stock Report!

CSCO, PWRM, CVAT, CSRH, PER, ABT

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CSCO, Cisco Systems, Inc.

CSCO designs, manufactures, and sells Internet Protocol (IP)-based networking and other products to the communications and IT industry worldwide.

Pelco by Schneider Electric, and CSCO today announced a strategic technology agreement to pursue the joint development of new high-definition (HD) Internet Protocol (IP) video security cameras built upon Pelco’s award-winning Sarix(TM) technology platform. The new co-branded video security cameras will bring together Pelco’s leadership in imaging with Cisco’s IP networking expertise to deliver the next generation of high-definition IP video security cameras. These cameras

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Thursday September 10, 2009

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Dimension 3D Printing, a brand of Stratasys Inc. (NASDAQ: SSYS), today announced the launch of its sixth annual “Extreme Redesign: The Ultimate 3D Printing Challenge.” The contest challenges computer-aided-design (CAD) students worldwide to submit their most creative, useful and innovative Extreme Redesigns - whether an entirely original concept, a new perspective on an everyday product or a fresh vision for a famous piece of art, animation or architecture.

Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, has filed a Current Report on Form 8-K regarding an anticipated reduction on the

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Thursday September 3, 2009

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Arena Resources, Inc. (NYSE: ARD) announced today that the Board of Directors of Arena has approved an increase in the 2009 capital expenditure budget (”CAPEX”) to a total of $107 million. The previous 2009 CAPEX was $85 million. The additional funds are directly related to increased activity at the Company’s Fuhrman-Mascho property in Andrews County, Texas. Management is confident that at current commodity prices the 2009 CAPEX can be fully funded through internally generated operating cash flow.

Fulfillment Technologies, LLC. (FillTek) (www.filltek.com/) has chosen Qwest Communications (NYSE: Q) (www.qwest.com/business) for conferencing,

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Earlier this month, Unisys Corporation (UIS) announced that it successfully completed its previously announced private debt exchange offers. Unisys reduced its debt outstanding by approximately $130 million (about 12%) and thereby reduced 2010 debt maturities to $65 million. The private debt exchange offers involved the exchange of outstanding unsecured senior notes of the company for secured notes, common stock, and cash. After the debt exchanges, the company still has approximately $300 million of notes of different maturities outstanding. UIS was struggling with a high debt level of $1061.2 million at the end of the most reported quarter. Last month, the company reported better than expected results for the second quarter due to ongoing measures to reduce costs. The new CEO is determined to make the organization lean and highly efficient and had underlined a restructuring plan six months back. to improve profitability. This restructuring ...

Weak Q2 and debt stress compound problem for UIS Yesterday, Unisys Corporation (UIS) provided preliminary guidance for the second quarter of 2009. The company provides information technology services and solutions that offer clients with expertise in systems integration (SI), outsourcing, infrastructure, server technology, and consulting. UIS expects revenues between $1.09 billion and $1.14 billion, down from $1.34 billion reported a year ago. Management stated that the company saw a substantial decline in services order compared to the year-ago quarter, which reflects the continued weakness in demand due to the downturn in the economy. The unfavorable movement in foreign currency exchange rates resulted in an 8% year over year decline in revenues. Profit before taxes is estimated between $30 million and $55 million compared to a pre-tax loss of $5.0 million in the year-ago quarter. The company had approximately $475 million of cash at the end ...

For Immediate Release

Chicago, IL - April 30, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Meredith Corporation (MDP), Oclaro Inc. (OCLR), Avanex Corp. (AVNX), Unisys Corp. (UIS) and Grupo Aeroportuario del Sureste (ASR).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Wednesday's Analyst Blog:

Meredith Gains Share in Quarter

Shares of Meredith Corporation (MDP) are surging 14% after posting FY3Q09 (March 31) financial results that reflect significant progress in its turnaround plan.

The publisher of popular women's magazines, including Better Homes and Gardens, Parents and

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Unisys Corp: Shares Decline on Q1 EPS MissShares of Unisys Corp. (UIS, Hold) were off as much as nearly 12% in trading today following the company's fiscal Q1 results released this morning. Revenues for the quarter came in light at $1.10 billion, compared to our estimate of $1.16 billion, while EPS of $(0.07) missed our estimates by $0.04. Consensus was at revenues of $1.18 billion and EPS of $(0.02). Weaker revenues were also negatively impacted by f/x [foreign exchange] headwinds to the tune of 10% of the 15% y/y decline.Unisys Corporation provides information technology services and solutions that offer clients with expertise in systems integration (SI), outsourcing, infrastructure, server technology and consulting. Customer revenue in the company's services segment declined 13 percent y/y, (including 11% negative f/x impact) while revenue in the company's technology segment declined 29 percent y/y (including 6% negative f/x impact). ...

CGI Group Inc. (...

Dynamics Research Corp. (...